On the Record · General Cable
General Cable acquisitions, on the record
The businesses General Cable bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Phelps Dodge International Thailand ("Thailand") operationsWord for word“As part of this plan, the Company completed the sale of its Phelps Dodge International Thailand ("Thailand") operations in the third quarter of 2015, the sale of its 51% interest in Dominion Wire and Cables ("Fiji") and its 20% interest in Keystone Electric Wire and Cable ("Keystone") in the first quarter of 2015, and the sale of its 60% interest in Phelps Dodge International Philippines, Inc. ("PDP") and Phelps Dodge Philippines Energy Products Corporation ("PDEP") in the fourth quarter of 2014.” 10-K for 2015 | agreed divestiture | third quarter of 2015 | — |
51% interest in Dominion Wire and Cables ("Fiji")Word for word“In the first quarter of 2015 , the Company completed the sale of its 51% interest in Fiji for cash consideration of $9.3 million .” 10-K for 2015 | divestiture | first quarter of 2015 | $9.3 million |
20% interest in Keystone Electric Wire and Cable ("Keystone")Word for word“In the first quarter of 2015, the Company completed the sale of its 20% interest in Keystone for cash consideration of $11.0 million .” 10-K for 2015 | divestiture | first quarter of 2015 | $11.0 million |
60% interest in Phelps Dodge International Philippines, Inc. ("PDP") and Phelps Dodge Philippines Energy Products Corporation ("PDEP")Word for word“In the fourth quarter of 2014, the Company completed the sale of its interest in PDP and PDEP for cash consideration of $67.1 million .” 10-K for 2015 | divestiture | fourth quarter of 2014 | $67.1 million |
Asia Pacific operations consisting of Thailand, China, New Zealand and AustraliaWord for word“On June 25, 2015, the Company announced it reached a definitive agreement to sell its Asia Pacific operations consisting of Thailand, Alcan (Tianjin) Alloy Products ("China"), General Cable New Zealand Limited ("New Zealand") and General Cable Australia Pty. Ltd ("Australia") in a two-step process, with close on sale of the Thailand operations on August 31, 2015 and expected close on the China, New Zealand and Australia operations (together "the remaining Asia Pacific Operations") on September 30, 2015.” 10-K for 2015 | agreed divestiture | June 25, 2015 | — |
North American Automotive Ignition Wire businessWord for word“As part of the strategic roadmap, in the second quarter of 2016 , the Company completed the sale of its North American Automotive Ignition Wire business for total consideration of $70.7 million .” 10-K for 2016 | divestiture | second quarter of 2016 | total consideration of $70.7 million |
Venezuelan subsidiaryWord for word“In the third quarter of 2016 , the Company completed the sale of its Venezuelan subsidiary for cash consideration of approximately $6 million .” 10-K for 2016 | divestiture | third quarter of 2016 | approximately $6 million |
ZambiaWord for word“Zambia Sale Third Quarter 2016 9.8 (14.4 ) Egypt (2) Sale Second Quarter 2016 5.8 (8.4 ) India (3) Sale First Quarter 2016 10.8 1.6 Thailand Sale Third Quarter 2015 88.0 16.1 Fiji Sale First Quarter 2015 9.3 (2.6 ) Keystone Sale First Quarter 2015 11.0 3.6 PDP and PDEP Sale Fourth Quarter 2014 67.1 17.6 (1) The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.” 10-K for 2016 | divestiture | Third Quarter 2016 | 9.8 |
EgyptWord for word“Egypt (2) Sale Second Quarter 2016 5.8 (8.4 ) India (3) Sale First Quarter 2016 10.8 1.6 Thailand Sale Third Quarter 2015 88.0 16.1 Fiji Sale First Quarter 2015 9.3 (2.6 ) Keystone Sale First Quarter 2015 11.0 3.6 PDP and PDEP Sale Fourth Quarter 2014 67.1 17.6 (1) The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.” 10-K for 2016 | divestiture | Second Quarter 2016 | 5.8 |
IndiaWord for word“India (3) Sale First Quarter 2016 10.8 1.6 Thailand Sale Third Quarter 2015 88.0 16.1 Fiji Sale First Quarter 2015 9.3 (2.6 ) Keystone Sale First Quarter 2015 11.0 3.6 PDP and PDEP Sale Fourth Quarter 2014 67.1 17.6 (1) The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.” 10-K for 2016 | divestiture | First Quarter 2016 | 10.8 |
ThailandWord for word“Thailand Sale Third Quarter 2015 88.0 16.1 Fiji Sale First Quarter 2015 9.3 (2.6 ) Keystone Sale First Quarter 2015 11.0 3.6 PDP and PDEP Sale Fourth Quarter 2014 67.1 17.6 (1) The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.” 10-K for 2016 | divestiture | Third Quarter 2015 | 88.0 |
FijiWord for word“Fiji Sale First Quarter 2015 9.3 (2.6 ) Keystone Sale First Quarter 2015 11.0 3.6 PDP and PDEP Sale Fourth Quarter 2014 67.1 17.6 (1) The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.” 10-K for 2016 | divestiture | First Quarter 2015 | 9.3 |
KeystoneWord for word“Keystone Sale First Quarter 2015 11.0 3.6 PDP and PDEP Sale Fourth Quarter 2014 67.1 17.6 (1) The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.” 10-K for 2016 | divestiture | First Quarter 2015 | 11.0 |
PDP and PDEPWord for word“PDP and PDEP Sale Fourth Quarter 2014 67.1 17.6 (1) The gain (loss) represents foreign currency translation adjustments reclassified from accumulated other comprehensive income upon liquidation.” 10-K for 2016 | divestiture | Fourth Quarter 2014 | 67.1 |
Deal filings since 2016
- 2018-06-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-07-17 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2017-05-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-11-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-02-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from General Cable’s annual reports (10-K for 2017, 10-K for 2016, 10-K for 2015) and the financial data it files with the SEC, as of 2018-02-28. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.